11643 Belle River RdRileyMI48041
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Riley at 11643 Belle River Rd, Riley, MI, 48041 earns from $2,927/mo rent with a $3,059/mo payment. Total monthly income totals $2,927/mo. ROI tracks 13.09% on current figures, and rental yield reads 5.62% at a $624,900 purchase. Equity gained on principal adds $4,032/yr, and 5% annual appreciation supports $172,648 over five years. Five-year ROI reaches 66.77% and total cumulative return in cash sums $137,273. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,927/mo property income instead of your personal income.
Condo
Built in 2002
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48041, Memphis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,812 (100%) |
| Owner Occupied HU | 1,582 (87.3%) |
| Renter Occupied HU | 147 ( 8.1%) |
| Vacant Housing Units | 83 ( 4.6%) |
| Median Home Value | $340,476 |
| Average Home Value | $370,216 |
Housing Distribution
Address Breakdown
Residential
1,559
Single Family
1,534
Multi-Family
25
Businesses
83
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